Entrepreneur
Name
Daniel
Member since
November 2014
On-time repayments
351 installments • 36%
About Me
My name is Danial Sihalo,I am a headteacher at Butunyi Primary School,and a farmer.I was born in a family of 3 ,I am married with 6 kids.
I was born in humble background and grew up with lots of hardship,including lack of fees and food.After secondary school i decided to venture into business farming and specialized in pig keeping. From the sales i was able to earn living and pay for my fees at college level.
I love music and so during my free time i listen to music and sing.
Currently I am the head teacher of Buchirinya Primary School in Kakamega County. I was transferred to my current station in December 2019.
I have three children in college, three in High School, and two in Primary.
I practise horticultural farming, poultry farming and run a small grocery shop.
These projects help to supplement my income from teaching.
My Business
POULTRY PROJECT
My current business involves buying of one day old local breed chicks and selling them from the age of two weeks.
My community has a lot of cultural attachment to chicken. Chicken is the most common delicacy in many ceremonies such as weddings, funerals, dowry payment and circumcision.
Chicken rearing has therefore become a major income generating activity in my locality due to the increased demand.
Many local farmers fear handling young chicks because of high mortality rates resulting from limited knowledge on vaccination and hygiene practices.
This is an opportunity for me because I have a structure where I confine them until they are ready for market and I am also knowledgeable in vaccination of poultry.
In the current proposal I intend to purchase 350 chicks for kshs. 35,000/=.
I will use kshs. 10,000/= to purchase feeds, kshs. 2,000/= to buy a breeding roster and kshs. 3,000/= for vaccination/treatment.
I will use part of the maize I harvested from my garden to do feed formulation and save on expenses for feeds.
30 of the chicks can cater for mortality though this is still on the higher side. The remaining 320 will be sold after 4 weeks each at kshs. 250/= raising a total of kshs. 80,000/=
This will give an approximate profit of ksh. 27,000/=
I will use proceeds from this project to repay my loan and the profit will be for payment of fees balances for my children and also take life insurance cover for my aging parents.
Loan Proposal
Dear lenders,I am so proud of you. You have really helped me reach where I am.The business is expanding and very promising. I am now in the process of introducing the large white breed in my farm. I have already secured the market in Nairobi, I will buy one sow ,that would is 1 month pregnant at $450 . I have already improved my piggery unit to accommodate new breed . Thank you in advance.
Feedback
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Loan Info
Project Type
Classic Loan
Disbursed amount
$385.00
Date disbursed
Mar 20, 2015
Repayment status
On Time
Projected term
3 months
Lenders
Waterloo, Canada
Vancouver, Canada
Bangkok, Thailand
Arlington, United States
North Carolina, United States
Shanghai, China
Orlando, Florida, United States
College Station, United States
Heber City, United States
ash fork, United States
Honolulu, United States
Driebergen, Netherlands
SOUTHBANK, Australia
Philadelphia, United States
South Bend, United States
Mountain View, United States
[email protected], United States
branford, United States
United States
Corona Del Mar, United States
South Africa
Australia
United States
Sweden
United States
United Kingdom
United Kingdom
United States
United States
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